The global microwave oven market is expected to grow at a CAGR of 4.70% during the forecast period 2026-2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.7%
2026-2035
*this image is indicative*
| Global Microwave Oven Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | XX |
| Market Size 2035 | USD Billion | XX |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.70% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 5.1% |
| CAGR 2026-2035 - Market by Country | India | 5.9% |
| CAGR 2026-2035 - Market by Country | Brazil | 5.4% |
| CAGR 2026-2035 - Market by Application | Household | 5.2% |
| CAGR 2026-2035 - Market by Structure | Built-In | 5.5% |
| Market Share by Country 2025 | France | 3.5% |
The global microwave oven market is expected to be driven by advancements in technology, demand for smart kitchen and related appliances, increased disposable incomes, and consumers’ desire for higher standards of living, ease of performing tasks in the kitchen, and multi-tasking. According to analysts, rapid technological advancements and competitive prices drive the buying of electronic and electrical devices in Europe. Also, consumers have a tendency to purchase new devices before present appliances serve their useful lives; this suggests that such items are seen as status symbols or indicators of higher standards of living.
Companies are investing heavily to develop advanced, sophisticated and efficient appliances. Panasonic’s new Smart Inverter Countertop Microwave Oven, that can be activated through Alexa, is a good example. While similar microwaves exist in the market, this is the first such product by Panasonic. Panasonic announced the product at CES 2023 in Las Vegas in the first week of January 2023, along with many other new products, including its new compact oven. With Panasonic’s new Smart Inverter Countertop Microwave Oven, consumers would not need to “guess” suitable microwave settings. Further, the product seeks to optimize convenience when performing multiple chores in the kitchen; it understands more than 100 common commands. The product enables quick movement in the kitchen, especially when there is a lot of preparation to do. This smart microwave oven also has convenient manual controls, including dedicated Popcorn, Turbo Defrost, and Quick 30 buttons for quick access. Further, its Genius Sensor technology monitors a food item’s humidity level, and offers features to defrost, cook, or rewarm meals swiftly and evenly.
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Samsung, seeking to offer further personalized product experiences, announced more customization alternatives for its Bespoke line-up of domestic appliances, including over-the-range microwaves among Samsung's Family Hub and French 3-door and 4-door refrigerators, dishwashers and ranges.
Such products with modern features are an indicator of consumers’ desire for innovative home appliances and willingness to spend on modern, sophisticated gadgets that make accomplishment of daily tasks easy and efficient. Such demand and supply of technologically advanced devices are likely to boost market growth.
China, Germany, Malaysia, Thailand and the UK are significant exporters of microwave ovens. In 2019, microwave oven exports of these nations stood as follows: China (over $2.94B), Malaysia (over $422M), Thailand (over $185M), Germany (over $120M), and United Kingdom (over $110M). In the same year, the most significant importers of microwave ovens were: USA (over $1.30B), Japan (over $361M), Germany (over $226M), UK (OVER $210M) and Russia (over $200M).
Of all ovens, microwaves represent the greatest sales percentage in the European Union (EU).
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In a microwave oven, an electron tube (magnetron) produces microwaves which are reflected within the inside of the oven (made of metal) and absorbed by food. These microwaves cause molecules of water present in the food to vibrate, which produces heat that cooks the food item. Thus, foods with higher water content (such as fresh vegetables) cook more quickly in a microwave oven. Microwave cooked foods retain more nutrients because foods cooked in microwave ovens do not require additional water for cooking.
By product, the market is segmented into:
By application, the market is classified into:
By structure, the market is classified as follows:
By region, the market is segmented into:
| CAGR 2026-2035 - Market by | Country |
| India | 5.9% |
| Brazil | 5.4% |
| China | 4.9% |
| Mexico | 4.7% |
| USA | 3.6% |
| Canada | XX% |
| UK | 3.1% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
The report presents a detailed analysis of the following key players in the market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is estimated to grow at a CAGR of 4.70% between 2026 and 2035.
The major drivers of the market include the growing demand for smart kitchen appliances owing to the rising disposable income and increasing standards of living, expansion of major home care appliance manufacturers, and the thriving e-retail sector.
The emerging e-commerce sector, coupled with the rising purchasing power of the consumers is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Convection, grill, and solo are the different products based on which the market has been segmented.
Commercial and household are the different applications of the product.
Built-in and countertop are the different structures of the product.
The major players in the industry are Haier Group Corporation, Electrolux AB, Panasonic Corporation, Robert Bosch GmbH, and Whirlpool Corporation, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Structure |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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